AMEX Points Value

Redemption Options & Cash Value Calculator

Calculate the dollar value of AMEX Points based on redemption. Learn how to use AMEX's fixed points travel to get up to 2 cent in value.


The best value of American Express Membership Rewards Points will come from redeeming them towards AMEX's Fixed Point Travel which will give you up to 2 cents in value. Overall, you can redeem AMEX Points for:

  • Fixed Point Travel Redemptions (Airfare)
  • Flexible Points Travel Redemptions
  • Merchandise
  • Amazon Shop with Points
  • Gift Cards
  • Statement Credits
  • Charity
  • Rewards with Transfer Partners

This page will cover the value you can obtain by redeeming your AMEX Points for these redemptions as well as details on each.

AMEX Points Value Calculator

Use the AMEX Points Value Calculator to calculate the dollar value of your Membership Rewards Points based on the redemption options. You can enter any amount of points to see how much your points.

AMEX Points Value Calculator
Points
Fixed Points Travel
1.5 to 2.0 Cents
$0 - $0
Transferring To Airline Partners
1.2 to 2.0+ Cents
$0 - $0+
Flexible Points Travel Redemptions
1 Cent
$0
Charity
1 Cent
$0
Merchandise
~0.4 to 0.6 Cents
~$0 - $0
Amazon Shop w/ Points
0.7 Cents
$0
Gift Cards
3,250 Points Per $25
$0
Use Points For Purchases
0.45 Cent
$0

Listed below are the average cash values for Membership Rewards Points when redeemed for Fixed Points Travel.

AMEX Points Value - Fixed Points Travel
AMEX Points Cash Value
10,000 Points $150 - $200
25,000 Points $375 - $500
30,000 Points $450 - $600
50,000 Points $750 - $1,000
75,000 Points $1,125 - $1,500
100,000 Points $1,500 - $2,000

Fixed Points Travel Redemptions

The easiest way to obtain great value out of your American Express Membership Rewards program is by using the AMEX Fixed Points Travel program. This program takes the guess work out of redeeming your points by assigning a set cost in points to various routes. Using the AMEX Fixed Points Travel program will give your points up to 2 cents in value for economy flights and up to 1.8 cents per point for business flights.

amex fixed points travel economy
This is the sweet spot that can earn you up to 2 cents in value per point.

Some of the main benefits of using the AMEX Fixed Points Travel program are:

  • Book any airline, fly anywhere, and travel any day of the year
  • Book up to a day before departure
  • Book economy or business class flights
  • Book direct flights
  • Enjoy the travel benefits that comes with your AMEX card

So no matter the flight availability, time of year, or peak/off-peak season, the flight will always cost the same. Listed below is what you can expect to pay using the Fixed Points Travel Program.

Fixed Points Program - Economy Flights
Route Points Max Ticket Price Point Value
Popular Routes Canada/U.S. (Short Haul) 15,000 Points $300 2 Cents
Explore Closer To Home Canada/U.S. (Short Haul) 20,000 Points $300 1.5 Cents
Discover North America Canada/U.S. (Long Haul) 40,000 Points $700 1.75 Cents
Pick Your Vacation Spot 50,000 Points $800 1.6 Cents
Discover Europe 60,000 Points $900 1.5 Cents
Worldwide 100,000 Points $1,700 1.7 Cents
Fixed Points Program - Business Flights
Route Points Max Ticket Price Point Value
Explore Closer To Home Canada/U.S. (Short Haul) 50,000 Points $800 1.6 Cents
Discover North America Canada/U.S. (Long Haul) 100,000 Points $1,800 1.8 Cents
Pick Your Vacation Spot 120,000 Points $2,100 1.75 Cents
Discover Europe 140,000 Points $2,500 1.785 Cents
Worldwide 250,000 Points $4,500 1.8 Cents

Popular Routes

Popular Routes include short-haul routes between the following destinations:

  • Calgary - Vancouver
  • Montreal - New York
  • Toronto - Montreal
  • Toronto - New York
  • Toronto - Ottawa

Popular Routes are the sweet spot in the AMEX Fixed Points Travel program as you'll be able to get up to 2 cents in value which is not obtainable with the other routes

.

Explore Closer To Home

Explore Closer To Home are short-haul routes within or from a Canadian Province/Territory to an adjacent Canadian Province/Territory or U.S. State. Do note that this does not include Alaska.

Discover North America

Discover North America are flights from a Canadian Province/Territory to a non-adjacent Canadian Province/Territory or U.S. State. This does not include Alaska or Hawaii.

Pick Your Vacation

Pick Your Vacation includes flights from Canada to Alaska, Bermuda, Caribbean, Central America, Hawaii, or Mexico.

Discover Europe

Discover Europe are flights from Canada to destinations in Europe.

Worldwide

Worldwide are flights from Canada to destinations in Africa, Asia, Australia, Middle East, New Zealand, South America, or South Pacific.

Other Redemptions

Other redemptions with AMEX outside of the Fixed Points Travel program will give you 1 cent per point or lower in value. This includes using the Flexible Points Travel program, shopping online with Amazon, and buying gift cards. Each of these options are more are detailed below.

AMEX Flexible Points Travel

If you still want solid value out of your AMEX Points, you can redeem them in AMEX's Flexible Points Travel program at a value of 1 cent each. This program allows you to redeem 1,000 AMEX Points for $10 in travel credit which can be applied towards new travel purchases, including taxes, surcharges and fees, booked through the American Express Travel Service or through the americanexpress.ca/travel website. If you're not using the Fixed Points program, applying your points towards travel credits is the next best option outside of transferring your points AMEX's partners.

Amazon Shop With Points

You can redeem AMEX Points during checkout on Amazon.com for a value of 0.7 cents per point. While this isn't a bad redemption, it's still a lot lower than what you can obtain from redeeming your points towards AMEX's Fixed Points program. On top of that, if you're looking to earn with Amazon, you would be better off with the MBNA Amazon Mastercard which will earn you 5% or 3% cash back based on if you have Amazon Prime or not.

Merchandise

You can redeem your AMEX Points for merchandise in the 'Shop' portion of the American Express Membership Rewards Portal. The value you receive from shopping with AMEX will vary, but most redemptions that I tested hovered around the 0.4 to 0.6 cents range. This is significantly lower than what you can squeeze out of AMEX Points so I recommend avoiding the purchase of merchandise if you can. cash back credit cards are better options if you enjoy buying merchandise.

american express shop merchandise

Gift Cards

AMEX Points can be redeemed for gift cards for about 0.769 cents per point. This is isn't the best, but it's a solid option if you're in need of a gift card. AMEX has over 30 different credit cards you can choose from with most of the cards starting at 3,250 points for a $25 gift card. Gift card options include, but are not limited to:

  • Air Canada
  • Birks Business
  • Cineplex
  • Esso and Mobil
  • Fairmont Hotels & Resorts
  • Hudson's Bay
  • Indigo Books and Music
  • Gap Inc.
  • Saks Fifth Avenue
  • The Home Depot
  • TJX Canada

Charity

AMEX Points can be donated to Save the Children which gives your points a value of 1 cent each. Donations start at 1,000 AMEX Points for a $10 donation.

donate amex points to charity

Use Points For Purchases

You can use your AMEX Points towards eligible purchases charged to your Membership Rewards credit card which will give your points a value of 0.7 cents per point. This means that every 1,000 AMEX Points you redeem towards purchases will give you a $7 statement credit. This can be useful if you really need to pay something off (e.g. to avoid paying interest), but you'll want to stick to using cash back credit cards if you're big on redeeming rewards towards card purchases.

AMEX Points Transfer

AMEX Points can be transferred to a handful of airline and hotel rewards programs. This gives you an alternative way to earn points and miles with these partners by running spend through Membership Rewards Credit Cards. Transferring your points to airline partners offers you the possibility to earn higher than 2 cent in value. This will depend on the partner you're transferring your points to and the redemption you're going for.

You can calculate the conversion of Membership Rewards Points on the main AMEX Points Calculator page.

Summary

You can get a lot of value out of the American Express Membership Rewards Program if you're redeeming your points for AMEX Fixed Points Travel. Outside of that, great value can still be obtained with the AMEX Flexible Points Travel credits as well as by transferring points to AMEX's partners.

If you're looking to maximize your earnings, you can use the AMEX Credit Card Point Calculators to calculate total points and the cash value of AMEX credit cards based on spend, benefits, and fees. You can then compare the results side by side top cards.

Listed below are a few other top rewards programs. Read up on how much points are worth in these programs and calculate the cash value based on redemption.

AMEX Points Value FAQ

How much are AMEX Membership Rewards Points worth?

AMEX Points are worth 1 to 2 cents each when using them towards travel with the Fixed Point Travel or Flexible Points Travel redemption options.

Can AMEX Membership Rewards Points be transfered to partners?

Yes. Points can be transferred to a handful of airline and hotel rewards programs. You can calculate the transfer of points from AMEX to their partners using the AMEX Points Transfer Calculator.

What can you redeem AMEX Membership Rewards Points for?

AMEX Points can be used for travel, merchandise, and gift cards. You can also redeem them on Amazon.ca, donate them to charity, or apply them to your account as a statement credit.

How do you earn AMEX Membership Rewards Points?

AMEX has a strong lineup of Membership Rewards Credit Cards you can use to earn points. You can use the AMEX Credit Card Calculators to calculate how many points you can earn with each card based on your spend and compare results against top rewards cards.


Recommended Reads